Carrier Global Corporation (CARR) vs State Street SPDR S&P 500 ETF (SPY)

Over the past 5 years, CARR lagged SPY — 4.11% vs 13.33% annualized total return (price plus dividends).

A side-by-side comparison of Carrier Global Corporation and State Street SPDR S&P 500 ETF across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 10, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: CARR is classified in Industrials; SPY is classified in Financial Services. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnCARR vs SPY

growth of $100 · dividends reinvested · last 6y
CARR +483.0% (+34.2%/yr)SPY +194.3% (+19.7%/yr)CARR compounded faster over this window
200400600Start $100202120222023202420252026$583$294
CARR SPY

Metrics side by side

Did CARR beat SPY?

Over the past 5 years, CARR lagged SPY — 4.11% vs 13.33% annualized total return (price plus dividends).

Total return (annualized)

MetricCARRSPY
Total return (1Y)-2.06%23.67%
Total return CAGR (3Y)4.69%21.21%
Total return CAGR (5Y)4.11%13.33%
Total return CAGR (10Y)N/A15.32%

SPY is an index fund, so valuation, profitability, and per-company growth metrics don't apply — the head-to-head here is total return (price plus reinvested dividends).

Frequently asked

Has CARR beaten SPY?
Over the past 5 years, CARR lagged SPY — 4.11% vs 13.33% annualized total return (price plus dividends).

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 10, 2026.